Cryptocurrencies

    Orbit Chain hacker moves $48 million through Tornado Cash

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    The individual or group behind the $82 million hack of the cross-chain bridge Orbit Chain moved approximately $48 million through Tornado Cash (CRYPTO:TORN) after months of inactivity, as reported by Arkham Intelligence.

    The exploit, which took place in the final hours of 2023, saw $81.5 million drained from Orbit Chain.

    The stolen funds remained untouched until the recent transfer to the Ethereum-based (CRYPTO:ETH) crypto mixer.

    Orbit Chain, which has resumed some services post-exploit, announced that it is collaborating with authorities to track and recover the assets.

    The hacker still controls about $71 million in ether and DAI stablecoins, due to the assets' appreciation since the attack.

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